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The Data Point: An Inflationary Face Punch as Payment Declines Spike by 43% March to April
The Data Point: An Inflationary Face Punch as Payment Declines Spike by 43% March to...
June 01, 2022  |  Economy

When the U.S. Department of Labor and the Federal Reserve revealed that consumer prices had risen 8.5% by the end of March — by far the...

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EU Officials: Crypto Exchanges Could Lose Licenses for AML Breaches
EU Officials: Crypto Exchanges Could Lose Licenses for AML Breaches
June 01, 2022  |  Cryptocurrency

Cryptocurrency exchanges that commit serious breaches of anti-money laundering (AML) rules should lose their licenses, a group of EU financial officials said Wednesday (June 1)....

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HyperPay Raises $36.7M to Expand Payment Services to MENA Merchants
HyperPay Raises $36.7M to Expand Payment Services to MENA Merchants
June 01, 2022  |  International

Payments FinTech HyperPay raised $36.7 million (SAR138M) to expand its payment services to merchants in the Middle East and North Africa (MENA) region. Get the...

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TrueLayer, Thunes Team on Open Banking Payments in Europe, UK
TrueLayer, Thunes Team on Open Banking Payments in Europe, UK
June 01, 2022  |  Payment Methods

European open banking platform TrueLayer and Singapore-based FinTech and global cross-border payments platform Thunes are teaming up to make it easier for U.K. and European...

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Businesses Bet on Charging Stations to Energize Customer Traffic
Businesses Bet on Charging Stations to Energize Customer Traffic
June 01, 2022  |  Connected Economy

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Slice Notches $50M to Expand UPI Product
Slice Notches $50M to Expand UPI Product
June 01, 2022  |  Investments

FinTech unicorn Slice raised $50 million (Rs 388 crore) in a Series C funding round led by previous backer Tiger Global and new investor GMO Venture Partners,...

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FTC: Financial Education Services Ran $213M Pyramid Scheme
FTC: Financial Education Services Ran $213M Pyramid Scheme
June 01, 2022  |  Security & Fraud

The Federal Trade Commission (FTC) has acted against credit repair company Financial Education Services, accusing it of running a $213 million pyramid scheme, according to...

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Victoria’s Secret Still Growing Into Its New Identity
Victoria’s Secret Still Growing Into Its New Identity
June 01, 2022  |  Retail

The shift by Victoria’s Secret away from its focus on sexy models and skimpy lingerie in favor of a more inclusive approach may be struggling...

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eCommerce Refashions Middle and Last Mile, and Real Estate, Too
eCommerce Refashions Middle and Last Mile, and Real Estate, Too
June 01, 2022  |  Retail

As retail goes, so do various sectors of the U.S. economy — demonstrating just how interconnected we really are when we buy things and have...

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